Agenda - Council - 06/08/2021 - Laserfiche WebLink

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or about the Premises, which will in any way increase the rate of fire insurance or other insurance on the Premises; and if any increase in the in the rate of fire insurance or other insurance is stated by any insurance company or by the applicable Insurance Rating Bureau to be due to activity or equipment of Tenant in or about the Premises, such statement shall be conclusive evidence that such increase in such rate is due to such activity or equipment and, as a result thereof, Tenant shall be liable for such increase and shall reimburse Landlord therefore and further, shall discontinue or cause the discontinuance of such conduct or shall remove such equipment upon Landlord's demand made at any time thereafter. 5. Rent. Tenant covenants and agrees to pay to Landlord at the Landlord's office without demand, monthly rent in the following amounts: June 1, 2021 May 31, 2022: $3,445.33 June 1, 2022 May 31, 2023: $3,550.72 All Rent shall be payable on the first day of each month during the Lease Term. If Landlord does not receive the Rent by the fifth day of the month, Tenant must pay a late fee equal to five percent of the overdue rent payment as an additional rent. Rent is "paid" when Landlord receives it, not when mailed or sent by Tenant. Tenant contemporaneously with the execution of this Lease shall deposit with Landlord the sum of Three Thousand Four Hundred Forty Five and 33/100 Dollars ($3,445.33) as first month's gross rent, receipt which is hereby acknowledged by the Landlord. 6. Additional Rent. In addition to the Rent set forth in Paragraph 5 of this Lease, Tenant covenants and agrees to pay as additional rent all monies required to be paid by Tenant as set forth in the balance of this Lease. Specifically, but not by way of limitation, the reasonable value of any action taken or materials used by Landlord to correct or mitigate any violations of this Lease by the Tenant shall be deemed additional rent and charged to Tenant payable with the Rent as set forth in Paragraph 5. 7. Utilities and Trash Removal. Tenant is solely responsible for paying for all utilities servicing the Premises, including but not limited to, water, natural gas and electricity. Tenant is also responsible for paying for the removal of all trash and recycling materials generated as a result of Tenant's use of the Premises. Landlord is not responsible for any interruption in such services beyond the reasonable control of Landlord. 8. Real Estate Taxes and Special Assessments. Tenant is responsible for the payment of all real estate taxes and special assessments pertaining to the Premises during the Lease Term. Lease Agreement Page 2 of 12